Spirit Airlines bankruptcy and Boeing's long-term picture: it's complicated

Dhierin Bechai, head of the Aerospace Forum, shares insights on the precarious situation facing Spirit Airlines as it nears bankruptcy. He discusses Boeing's uphill battle for financial recovery and the significant work needed to improve its valuation. Bechai highlights investment prospects within the defense sector, especially Lockheed Martin's F-35 program. He also examines the burgeoning space industry, emphasizing the technological race and the critical role of cash flow in assessing investment potential.